Business Topics

| May 20, 2016

Dollar firmer above ¥110 in Tokyo

The dollar held firmer above ¥110 in Tokyo trading on Friday, as risk aversion among currency players subsided following gains in Japanese stock prices. At 5 p.m., the dollar stood at ¥110.27-28, up from ¥110.07-07 at the same time Thursday. The euro was at ...

| May 20, 2016

Tokyo stocks rise on weaker yen

Stocks gained ground on the Tokyo Stock Exchange Friday, backed by the yen’s weakening against the dollar. The 225-issue Nikkei average rose 89.69 points, or 0.54 percent, to finish at 16,736.35. On Thursday, the key market gauge edged up 1.97 points. The Topix index ...

| May 19, 2016

Dollar tops ¥110 in Tokyo on Fed hopes

The dollar climbed above ¥110 in Tokyo trading on Thursday, attracting buying after minutes of the U.S. Federal Reserve’s policy-setting meeting in April suggested that the Fed could hike interest rates. At 5 p.m., the dollar stood at ¥110.07-07, up from ¥109.43-43 at the ...

| May 18, 2016

Nikkei falls back on weaker U.S. stocks

The benchmark Nikkei average turned lower on the Tokyo Stock Exchange Wednesday, as purchases triggered by stronger-than-expected economic growth failed to offset downward pressure from an overnight fallback in U.S. equities. The 225-issue Nikkei average lost 8.11 points, or 0.05 percent, to end at ...

| May 17, 2016

Nikkei rises 186 points on firm oil

Stocks gained further ground on the Tokyo Stock Exchange Tuesday, backed by higher crude oil prices. The Nikkei average climbed 186.40 points, or 1.13 percent, to close at 16,652.80. On Monday, it gained 54.19 points. The Topix index ended up 14.20 points, or 1.07 ...